PEIE par­tic­i­pates in China-Gulf States Eco­nomic Fo­rum

Oman Daily Observer - - FRONT PAGE - BUSINESS REPORTER MUS­CAT, SEPT 16

The Pub­lic Es­tab­lish­ment for Industrial Estates (PEIE) par­tic­i­pated in the China-Gulf States Eco­nomic Fo­rum 2017, which con­cluded in the Chi­nese city of Shen­zhen last week.

The PEIE del­e­ga­tion was headed by Hi­lal bin Ha­mad al Hasani, Chief Ex­ec­u­tive Of­fi­cer of PEIE ac­com­pa­nied by Eng Musal­lam al Hu­daifi — Chief Ex­ec­u­tive Of­fi­cer of Shu­mookh In­vest­ment and Ser­vices Com­pany, and Jasir al Ulaqi — Deputy Chief Ex­ec­u­tive Of­fi­cer for Business Devel­op­ment. The fo­rum was at­tended by busi­ness­men, in­vestors and of­fi­cials from the Gulf and Chi­nese sides.

While de­liv­er­ing a pre­sen­ta­tion at the fo­rum, Al Hasani stressed the sig­nif­i­cance of the ex­ist­ing and po­ten­tial in­vest­ment op­por­tu­ni­ties in the Gulf coun­tries in gen­eral and the Sul­tanate in par­tic­u­lar in var­i­ous fields. Com­ment­ing on Oman-China eco­nomic ac­tiv­i­ties, Al Hasani said, “Chi­nese com­pa­nies have a sig­nif­i­cant pres­ence in var­i­ous ac­tiv­i­ties in Oman. Of course, Oman Wan­fang’s industrial town project at Duqm is the lat­est in­ter­est­ing news.”

Al Hasani also pre­sented an over­view of the na­ture of in­vest­ment op­por­tu­ni­ties in the Sul­tanate, the ad­van­tages and fa­cil­i­ties that are ac­ces­si­ble by the lo­cal and for­eign in­vestors, in ad­di­tion to the Sul­tanate’s ex­cel­lent ge­o­graph­i­cal lo­ca­tion at the en­trance to the Gulf in the mid­dle of the East-West trade routes.

Al Hasani also high­lighted the vi­sion of PEIE, which is to en­hance the Sul­tanate’s po­si­tion as a lead­ing re­gional cen­tre of man­u­fac­tur­ing, ICT, in­no­va­tion and en­trepreneur­ship ex­cel­lence, and its mis­sion in at­tract­ing industrial in­vest­ments and pro­vid­ing con­tin­ued sup­port, through re­gion­ally and glob­ally com­pet­i­tive strate­gies, good in­fra­struc­ture, value adding ser­vices, and easy gov­ern­men­tal pro­cesses.

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